it's true. it's unacceptable that a young man who has given his all for the german national team should be treated in such a racist fashion because of his religious beliefs. and said show up today to have more of the top of the hour elvis will have your business update in just a moment. the fun be to. his work and that god is for tonight. the munchies and feed. the children finished gone twenty. stories that people world over to g.w. on facebook and twitter. to date and in touch.

pakistan is heading to the polls amidst an unprecedented down on the media. we will tell you everything you need to with live coverage and reports from exam a bad fall. asleep on the top i mean you. get. the price of gold has plunged six percent this year but about happened to the safe haven investment of choice for times of economic uncertainty and well it back . swept by a typhoon off inflation citizens of the country with the world's largest oil reserves are desperately poor. and the trouble with used wind turbines how the clean energy generators become an environmental nightmare and what to do about it.

also coming up a collection of disney theme park memorabilia is being auctioned next month in california but you'll need some deep pockets to take some of this up. this is the business i'm going on for centuries in times of uncertainty people have hoarded gold and even today remains the reliable crisis currency or at least it used to be because despite the threat of a global trade or gold has been tumbling in recent months why is gold suddenly so weak when it bounce back. it's a spectacular find this gilded silver death mask has the archaeology world of bonds the rare and ancient artifact was discovered last week in excavations in egypt on the face of all money. the mask is clearly worth far more than the gold and silver that is made of both these precious metals have recently slipped in market value

the price of gold has plunged it's dropped over six percent since the start of the year causing much head scratching usually in uncertain times like these gold is seen as a safe haven. and there are currently fears of a trade war between the us china and the european union for example. the banking debt and euro crisis also continue to reverberate. and the consequences of britain's decision to leave the e.u. remain unclear. so why isn't the price of gold rising rather than falling many analysts have a simple explanation gold isn't being used as a crisis proof investment because there are many other alternatives. in the u.s. the economy's still booming the u.s. federal reserve has indicated that it's likely to hike key interest rates in the coming months. but so far that hasn't soured investor sentiment on the u.s.

stock market. some are also eyeing crypto currencies like bitcoin while skeptics regard buying and selling the crypto currency is gambling and not investing its advocates see it as an alternative to gold. most analysts are nevertheless convinced in the long term gold won't lose it sheen despite the apparent alternatives currently on offer. it will continue to fascinate people in the future just as it did back in the age of the pharaohs. the european union has fined for consumer electronics firms a total of one hundred and eleven million euros for fixing the prices off their goods sold on line basis then on the merits phillips and pioneer threatened to block supplies for retailers if they didn't follow the company's pricing requirements for products ranging from coffee makers in stereo equipment to computers the use competition commission of a star has said the price fixing had a widespread effect going beyond the directly affected retailers because many

online firms adapt their prices to competitors. tesla is having problems paying its bills that's what investors are assuming after it emerged the american e-car builder had made an unusual request to its suppliers tesla asked them for refunds on invoices it have already paid to help it turn a profit as the shares fell more than three percent on the news the company has been struggling with massive production problems with its lower priced model three tesla burned through one billion dollars in liquid assets in the first quarter alone living it with just three point two billion by the end of march that she feeds on musk has said he's aiming for the company to turn a profit in the second half of this year. french comic a p.s.a. old german current opel from general motors last year now the acquisition is starting to pay off during the first half of this year opel returned to the black

after almost twenty years of lost profits of more than five hundred million euros piers as we structuring plan for opel includes shedding a fifth of its former eighteen thousand workers p.s.a. also sit around and. its total profits of one point seven billion euros. now just imagine that you get paid your monthly wage and have to make sure you spend the money right away before it loses its value germans were suffering a similar high inflation in the one nine hundred twenty s. a situation that helped the nazis come to power venezuelans are now facing a similar challenge even though the socialist country has the world's largest oil reserves its people are broke and hungry. caracas is going hungry conditions are already bad in the capital and it's supposed to be worse in the countryside retirees are taking to the streets to demonstrate they can't live off their state pension although on paper they're millionaires those millions however are worth

next to nothing. and that it dulls the president to create i get four million two hundred bowl of ours but they're not paying us our full pension they're only paying two million which is not even enough for half a carton of eggs the international monetary fund has made a prediction it says that venezuela will reach a million percent inflation by the end of the year the economic collapse of facts even state employees who work for the state energy company called poetic workers there have gone on indefinite strike. i can't even buy bread that after being in the company for so many years i can't even tell you i'm going to please my daughter by buying her an ice cream because i can't. and that in a country with the largest known oil reserves worldwide mismanagement and corruption have driven the downward spiral the country desperately needs foreign aid but the venezuelan government won't allow humanitarian workers into the country

. seven years into germany's green energy revolution. sources thousands of winter for the cross the country but they only have a life span of ten years and disposing of old winter is a big problem not only are they deeply embedded in the ground but getting rid of them is a dangerous business and anything else but green. these are sections of decommission turbines as a wind park in northern germany. a group of local environmentalists aren't satisfied too much of the base is still in the ground they want the whole thing to be removed. the concrete bases can be crushed and used in road construction. but the rotor blades contain bluff and carbon fiber is.

burning them isn't a viable option. just. difficult to dispose of them. just clogs the filters and carbon fibers conduct electricity and they cause short circuits and fires in the filters. either won't accept them or they charge exorbitant prices to dispose of them. of the thirty thousand turbines in germany a very large number are due to be decommissioned over the next few years and replaced by larger units. environmentally friendly disposal methods need to be developed before the weight of demolition gets under way. neo comp is a company that recycles modern composite materials and there are plenty of them the bios glass and carbon fiber reinforced plastic are used not only in rotors but also

for example in airplane construction but what can you do with them once they scrapped. and you can go back now. when you take the cake there is no technology in the world that lets you separated back into eggs baking powder flour and milk. the same applies to these materials g.r.p. and c.r.p. has their constituent parts are so tightly bound together that they can't really be separated and. the company has developed a procedure to tackle the problem it shreds the material the resulting stuff is light and easy to humble and while it can be burned as a substitute for fossil fuels in the manufacture of cement it can also be mixed with paper production residue and turned into granny less. that granule is can be used as a component of cement as a substitute for sound. and so

a lot of disused brochures could well turn up in the cement in the foundations of the next generation of wind turbines. a collection of disney theme park memorabilia is up for auction next month and california among the offerings pieces of dumbo the flying elephant drive and space mountain as well as a bucket gondola from the old disneyland skyway but it will take a lot more than pixie dust to make any of them yours. collector and hollywood agent richard kraft is behind the sale he's turning over seven hundred fifty pieces that spanned six decades of disneyland history items like this car from the famous dumbo ride which the auction house says could fetch between one hundred to two hundred thousand dollars to craft these items our kids their art and he's not alone his collection is currently being displayed at a free public exhibition in suburban los angeles. real artist sins mavis and i love

putting it in an exhibit said even so it could be admired differently you never actually see this stuff up close and personal the way you would see it in this exhibit so why sell them kraft is looking for a happy ending he plans to donate the proceeds to to charity organizations benefiting children. that's a good idea and that's it for me and the business team yeah and berlin hello humphrey will have an update for you in the next stop before you go have a look at this real time check on the global markets at this hour coming right up thank you very much watching the business by.

trying to skim steadily. off to shop around for some fire on. the middle class african-american women all stocking up on guns out of fear of growing racism. firearms give them some confidence as that last face that the government will protect. three thousand.

we make up oh but we watch as a whole half of that and much of we ought the civil service and. the want to shape the continent's future. be part of the african youngsters testings share their stories their dreams and their challenges. the seventy seven percent of these platforms. charge. iran. once again us only to payoff or sing now a major power in the middle east. airlines influence continues to grow politically economically and above all militarily. does

iran truly want peace. the countries of homes of their towns to isolate. iran from theocracy. was august first on g.w. . this week three thousand we're off to the gem and capital which attracts young tourists in droves and this man shows them around meet one of. mauritania's demanding national.